Latest posts of: Bossfidelity

Quote from: bL4nkcode on March 01, 2020, 10:57:14 PM

You mean this https://coronatoken.org/whitepaper/

Seems a new idea but really, this is bullsh*t, same thing to those spam tokens this will end after WHO ends this virus.

I see this project as a joke. In fact, it's an obvious joke. They're only interested in creating awareness about the existence and the disease. I'm certain that the project would be abandoned before long as the disease would be eradicated in no distant time.

There's no doubt that scammers are inventing new methods in carrying out their devices, but when I hear people responding to the novice scam of paying 1 ethereum to receive 5 ethereum and stuffs like that, I wonder. It only shows lack of common sense and high level greed.

Quote from: Ryushin on February 27, 2020, 08:03:50 PM

Stay away from Vindax exchange, they are scammers in disguise, I've withdraw since 48hrs now and I never received my coins and there is this unbelievable act of stealing, check this image below

The pictures shows that if you want to withdraw from Vindax you are only allow to insert two digit numbers after 0.xx , meaning every other sats after 0.**678889 belongs to indax after removing their high withdrawal fee, after all this I never received my coins

It's rather unfortunate that vindax has joined the league of scam exchange. I feel really sad because its getting more rampant to see exchange where people entrust their finance go under without any government authority making efforts to bring them to book. In my opinion, as long as the cryptocurrency industry is yet to fix her issues with the platforms in the space, no huge success would be recorded.

With the rate at which projects are going, it would be funny for one to base his judgement of a good project simply by the number of pages the project has on a thread in the forum. Projects with several threads doesn't even justify anything. One needs to make more informed research before drawing conclusions on the validity of a project.

It's a well known fact that stellar has been doing extensively well for a considerable long time now and information about the value increasing seems to be norm. With the several expectations we have in the cryptocurrency space, I can say that our expectations on price increase is only normal. I do hope that the value of stellar increases substantially.

I'm actually not surprised about the price reduction after the projects lists on binance. It's a known fact that after a surge in value, there's a huge possibility that the value of the tokens would face some level of correction which is experienced with a reduction in the value.

They've been an increase in the failure rate of projects on tokensales irrespective of the mode of raising funds. If you had checked closely, you'll find several projects who conducted their IEO and ICO also failed. I believe it's because of the extent of distrust among cryptocurrency investors. Investors are reluctant in making investments in cryptocurrency related projects due to the inherent risk it possess and the fact that most projects end up getting abandoned.

There's this craze that comes with binance new listing. Traders envisage a sharp increase in the value of the tokens. In most cases, that's the case, but the increase is not sustainable considering the fact that the project is not ready for such increase in value.

The value of altcoin is also not stable, and determined by the market forces. In most cases, the market responds to big news and this may be seen in the prices of some altcoin.
There's this assumption that the value of Bitcoin is inversely related to that of altcoin which makes the value of altcoin reduce when bitcoin is on the increase. I personally haven't verified this assumption and I'm sceptical about its rightness.

I'm in agreement with the fact that BNB is a great project, but not to the extent of being the king of all coins. BNB is at best an exchange tokens and has her relevance tied to the binance exchange. I would give the king of all coin to Bitcoin for maintaining her relevance since the inception of cryptocurrency.

Exchange tokens is one of the most popular tokens in the cryptocurrency space. Several exchanges, have their own tokens which is used majorly for transaction fees within the exchange. Some good exchange like binance have their tokens trading on several platforms and this has contributed to the increase in the value of the tokens. Its wise if other exchanges, imitate this strategy to boost their token presence in the cryptocurrency space.

I'm personally not of the opinion that all altcoin are bad. It's an obvious fact that majority of altcoin we have in the space are scam projects whose promoters are only interested in enriching themselves and cashing out once they have their target. I still believe that there are few great altcoin projects that are worth investing. My risk appetite is far low at the moment and that's why I'll stick with ethereum as my major altcoin holding.

The bone of contention is that bounty hunting is profitable by chance. One can only take due care in selecting a project to join, but that does not guarantee that the bounty would be lucrative. It takes the grace of God for one to benefit maximally from a bounty. I was disappointed last year when the bounty I refused to participate on became the best paying. Atimes, it's best to do something in all the project you come in contact with. You never can tell which project would pay for the others losses.

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